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Peaceless Europe by Francesco Saverio Nitti
page 106 of 286 (37%)

Total and definite, the surrender of a large part of the German
commercial fleet.

Total and lasting, if not definite, the exclusion of Germany from
foreign markets.

For the Continental countries, on the other hand--that is to say, for
the countries which have suffered most from the War--would be reserved
partial and transitory solutions:

Partial solution, the modified frontiers suggested for Poland and
Bohemia.

Transitory solution, the defensive pledge offered France for the
protection of her territory.

Transitory solution, the regime proposed for the Saar coal.

There is an evident inequality which might have a bad influence on
the after-war relations among the Allies, more important than the
after-war relations of Germany with them.

It has been shown in Paragraph I that it would be an illusion to hope
that territorial satisfaction offered to Germany would compensate
her sufficiently for the world disaster she has suffered. And it may
surely be added that it would be an injustice to lay the burden of
such compensation on the shoulders of those countries among the Allies
which have had to bear the heaviest burden of the War.

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